| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Year Built 2006 (20 years ago) | Top 56%65/117 Avg2008 Top 65%165/252 Avg2009 Top 35%9458/26841 Avg1990 7-25 Shorehill Drive: For Year Built. On Shorehill Drive, around average — Top 56%, rank 65 of 117, and comparable homes in that group average about 2008. in Royalwood, around average — Top 65%, rank 165 of 252, and comparable homes in that group average about 2009. citywide, around average — Top 35%, rank 9458 of 26841, and comparable homes in that group average about 1990. | ||
Living Area 1,502 sqft | Top 75%88/117 Avg1,665 sqft Top 76%191/252 Avg1,677 sqft Top 9%2359/26841 Avg1,042 sqft 7-25 Shorehill Drive: For Living Area. On Shorehill Drive, below average — Top 75%, rank 88 of 117, and comparable homes in that group average about 1,665 sqft. in Royalwood, below average — Top 76%, rank 191 of 252, and comparable homes in that group average about 1,677 sqft. citywide, above average — Top 9%, rank 2359 of 26841, and comparable homes in that group average about 1,042 sqft. | ||
Assessed Value 38.80k | Top 79%92/117 Avg41.60k Top 85%214/252 Avg43.70k Top 12%3236/26841 Avg25.60k 7-25 Shorehill Drive: For Assessed Value. On Shorehill Drive, below average — Top 79%, rank 92 of 117, and comparable homes in that group average about 41.60k. in Royalwood, below average — Top 85%, rank 214 of 252, and comparable homes in that group average about 43.70k. citywide, above average — Top 12%, rank 3236 of 26841, and comparable homes in that group average about 25.60k. | ||
Rank by year, newer = better rank
Rank by living area, larger = better rank
Rank by assessed value, higher = better rank
Bar: colored length ≈ share of peers you outperform; vertical line ≈ median benchmark; white tick = your position. Badge tint: gold / blue / gray / dark gray for top ~1–5% / 5–30% / 30–70% / beyond.
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| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sale price 41.90k | Top 24%28/117 Avg Above average same street Top 24% | Top 52%132/252 Avg Around average neighbourhood Top 52% | Top 8%2171/26841 Avg Above average Winnipeg Top 8% |
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sale price 41.10k | Top 38%45/117 Avg Around average same street Top 38% | Top 66%166/252 Avg Around average neighbourhood Top 66% | Top 9%2449/26841 Avg Above average Winnipeg Top 9% |
Property Overview: 7-25 Shorehill Drive, Royalwood
Section 1: Key Characteristics & Appeal
This well-maintained home in the sought-after Royalwood neighbourhood offers a practical and comfortable living space. Built in 2006, its key characteristic is a recently renovated basement, adding valuable finished square footage to the 1,502 sqft main living area. The data suggests a property that holds its value well, with stable and recent sales history.
Its primary appeal lies in its location within a top-tier community. The rankings indicate this property sits on one of the larger lots in its immediate area (top 1% on its street) and is situated in a highly desirable neighbourhood overall. It suits buyers looking for a move-in ready home in a mature, established area without the premium price tag of a brand-new build. It would particularly appeal to young families seeking community amenities and good schools, or to downsizers who want a manageable single-level layout with the bonus of a renovated lower level for guests or hobbies. A less obvious perspective is its potential for buyers who value statistical stability; the consistent assessed value and sales price point to a property that isn't over-inflated, representing a grounded investment in a premium area.
Section 2: Frequently Asked Questions
1. What does the "renovated basement" include?
The listing confirms the basement is renovated, but specifics on finishes, rooms, and whether it includes a separate entrance or bathroom are not provided in this data. This would be a key detail to clarify with the seller or listing agent.
2. Why is the assessed value notably lower than recent sale prices?
This is common. Municipal assessed value for property taxes often lags behind current market values. The recent sale prices (2022 and 2023) are a more accurate reflection of the home's market worth.
3. There's no garage listed. Is there alternative parking?
The listing specifies no garage. Typically, properties in this area have driveways, but verifying the parking setup (e.g., single or double driveway, visitor parking) is essential.
4. How does this home compare in size to others in Royalwood?
At 1,502 sqft (excluding the renovated basement), this home is slightly below the average size for Royalwood, ranking in the top 19% neighbourhood-wide (meaning 81% of homes are larger). It represents a more mid-sized option in the community.
5. The lot is ranked in the top 1% on the street. How does that impact the property?
This indicates a larger-than-average yard for the immediate area, which is a significant advantage in a mature suburb. It offers more private outdoor space, potential for gardening, or room for additions like a deck or shed, compared to neighbouring properties.
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